As a major player in renewable energy, Boralex is at the forefront of a changing world.
Our Corporate Culture
Boralex is a major player in renewable energy specializing in four sectors of activity: wind, solar, hydroelectricity, and storage.
We have been based in Kingsey Falls, Quebec, Canada, for 30 years and have since expanded our horizons and established our business in the United States, France, and the United Kingdom.
On our planet where electricity is central to fighting climate change, we have a responsibility to produce it sustainably for future generations.
At Boralex, we provide renewable and affordable energy for all, creating value to share with our partners.
To achieve our missions, we rely on the best of our strengths.
Thanks to our fearlessness, our discipline, our expertise, and our diversity, we continue to be an industry leader.
And we do it with pleasure.
We act in a socially responsible manner and we remain true to our values:
Build on each other’s differences to succeed together
Act ethically and with a sense of duty
Decide with agility and courage
Go further with resourcefulness and ingenuity
Cultivate the exchange of ideas to create an open and lasting dialogue
Boralex is listed on the Toronto Stock Exchange under the symbol BLX.
We are committed to creating enduring value for our shareholders while fostering social acceptability and respect for the environment.
Our growth is firmly grounded in a long-term vision. We develop and acquire renewable energy production sites that deliver attractive, risk-adjusted returns on invested capital.
Along with the financial objectives, Boralex’s CSR objectives were integrated into the Corporation’s strategic plan during the year 2020 and are an integral part of its business model. Doing so contributes to creating value in a sustainable, long-term manner. See our 2022 CSR Report.
Prizes & Awards
2022 – Boralex takes 23rd place in Corporate Knights’ 2022 Best 50 Corporate Citizens in Canada ranking
2022 – EcoVadis awards Boralex gold medal rating for sustainability
2021 – EcoVadis awards Boralex silver medal rating for sustainability
2019 – Julie Cusson named one of Montreal’s Top 10 Most Inspirational Women
2019 – Boralex receives award from CCI France-Canada Québec for success in France
2018 – Alain Rhéaume named one of the most influential directors, in Les Affaires Magazine
2017 – Patrick Lemaire named CEO of the Year, SME Category, By Les Affaires Magazine
2017 – Patrick Lemaire ranked in Top 100 Power People report
2017 – Dany St-Pierre, Administrator on the Board of Boralex, ranks among the most influential women in the wind energy sector
A team of experienced managers ensures Boralex’s success. We are proud to present our key management personnel.
Click here to see the Executive Committee
Our role in the battle against climate change
Climate change is an irrefutable reality caused largely by an increase in the concentration of greenhouse gases (GHGs) in the atmosphere.
Human activity is mainly responsible for this phenomenon, particularly the use of fossil fuels. By producing renewable energy, Boralex is actively involved in the fight against climate change.
Our Board of Directors
In order to combine our shareholders’ interests with the realization of our mission, the diverse group on Boralex’s Board of Directors assists in the decision-making process. Our current Board of Directors:
Click here to see the Board of Directors
The members of Boralex’s executive committee draw on the policies and procedures adopted by the Board of Directors to guide and manage Boralex’s business activities and internal affairs.
- To help us continue to grow and enhance the long-term value of our company for shareholders.
- To be mindful of the interests of the various groups involved in our activities.
- Look over our growth strategy.
Documents (PDFs) with important information about our governance practices, ethical values and policies:
- Governance Manual
- Articles of Amalgamation
- General By-Laws
- Majority Voting Policy
- Code of ethics
- Sustainable Procurement Charter
- Environmental Mission
Our objectives in governance
Accountability, transparency, recognition of stakeholder interests and respect for human rights are the pillars of effective and sustainable governance on which Boralex is built.
A transitional year for us: reduction of our thermal asset burden to favour the acquisition of long-term contracts in the wind and hydroelectric sectors.
This financially advantageous strategy leads us to develop and build the Témiscouata wind farms in Quebec (76 MW), five wind farms in France (totalling 123 MW) and the Jamie Creek hydroelectric plant (22 MW) in British Columbia.
Acquisition of Enel Green Power France, including its plants already in operation (186 MW), those under construction (10 MW) and its 310 MW projects in development.
This makes us the largest independent producer of wind energy in France, in addition to increasing our capacity by 25%, to total 940 MW worldwide.
A new chapter begins. After 14 years spent growing a young, yet bold Quebec-based company into a renowned and cutting-edge international player in the renewable energy industry, Patrick Lemaire bows out as Boralex’s CEO.
Patrick Decostre, Boralex Europe’s first employee, takes over as head of the company on December 1st.
On June 17, 2021, Boralex unveils its 2025 Strategic Plan.
Boralex continues to build on the four key strategic directions of the plan launched in 2019: growth, diversification, customers, and optimization. The strategic plan also integrates Boralex’s corporate social responsibility (CSR) strategy.